ITOCO INC - ITMC STOCK NEWS

ITOCO INC. (OTC:ITMC) has signed a Memorandum of Understanding (MOU) with International ASEAN Corporation (IAC) to implement agricultural land rehabilitation initiatives in South Africa's Ingonyama Trust. The collaboration aims to leverage ITOCO's Soil Rescue Program to establish new agricultural businesses, enhancing financial stability and food security for local communities. The Ingonyama Trust manages land traditionally owned by the Zulu people, covering 29.67% of KwaZulu-Natal's land. ITOCO's program is designed to uplift traditional communities economically and socially while addressing climate change challenges.

ITOCO INC. (OTC:ITMC) has finalized an exclusive agreement with Colorful Euphoria Lda, enhancing its operations in Europe and Africa. This partnership allows ITOCO to own client contracts while Colorful Euphoria manages project fulfillment, including the Soil Rescue Program, sales coordination, and securing funding. Additionally, Colorful Euphoria will develop a carbon credit methodology using Opuntia fiscus-indica, positioning ITOCO as the first to sell these credits. In return, Colorful Euphoria will receive 40 million shares and project-based remuneration.

ITOCO INC. (OTC PINK:ITMC) announces the appointment of Jose Alves as Chief Agronomist. Based in Lisbon, Mr. Alves, with degrees in Biology and Agronomic Engineering, brings extensive experience in biotechnology and agriculture. He will lead ITOCO's efforts to achieve certification for carbon credits related to nopal cactus cultivation, contributing to the company's mission in climate change mitigation. President Stephen McNeill emphasizes this role as pivotal for ITOCO's evolution as a leader in soil rehabilitation and carbon sequestration.

ITOCO Inc. (OTC PINK: ITMC) has announced a management reshuffle to support its expansion in Europe and Africa. Stephen McNeill is now the President and has joined the Board, bringing extensive management experience and a strong network in these regions. Dennis Garces has been appointed Strategic Advisor, leveraging over 25 years of executive experience, particularly in ESG. The leadership changes align with ITOCO's goals in combating climate change, highlighted by its participation at COP27. Former CEO Michael Paul remains on the Board.

ITOCO INC. (OTC:ITMC) has announced the cancellation of its existing voting block of shares, which previously allowed control by a single individual. This change is designed to enhance shareholder influence over the company’s future. CEO Michael Paul stated that this decision is a significant step toward improving shareholder input. Additionally, ITOCO is revising its agreement with its subsidiary, Colorful Euphoria, Lda, to clarify its role in managing growth in Europe and Africa, with completion expected by the month's end.

ITOCO INC. (OTC PINK:ITMC) has launched its Soil Rescue Program (SRP) in Nigeria through its subsidiary, Colorful Euphoria, Lda. Following a successful 7-day visit, representatives engaged with various government agencies and private companies about the program's potential. The SRP aims to convert arid land into productive Nopal cactus farms, promoting ecological rehabilitation and the production of biofuels and other products. ITOCO is focused on becoming a leader in soil rehabilitation and carbon capture in the Clean Energy sector.

ITOCO INC. (OTC:ITMC) has announced a Joint Venture with Diálogos do Bosque, a prominent Nopal cactus farm in Portugal. Facilitated through its subsidiary, Colorful Euphoria Lda, the partnership brings Nuno Pires onboard as President of the JV and Chief Technology Officer. This collaboration aims to enhance ITOCO's Soil Rescue Program and expand its revenue streams through the supply of cactus starting materials and prickly pear concentrate. The JV leverages Nuno's decade of expertise in organic Nopal cactus production, promoting sustainable farming and innovation.

ITOCO INC. (OTC PINK:ITMC) has acquired a 49% stake in Colorful Euphoria, Lda for €5 million. The acquisition focuses on developing an Agro Park in Portugal's Alentejo region that aims to implement a Soil Rescue Program. This program leverages the Nopal Cactus, which helps restore ecosystems and provides sustainable farming solutions while generating carbon credits. Nopal Cactus can trap up to 30 tons of CO2 per hectare annually, making it beneficial for environmental rehabilitation.

Mobile Lads Corp has appointed Mr. Adam Tapp as the new Head of Product Development. With 18 years of experience as a paramedic, Tapp brings significant expertise in treating mental health issues and understanding therapeutic psychedelics. His role will involve collaborating with research partners to develop advanced psychedelic medications aimed at mental health treatment. Additionally, the company is in the process of changing its name to Avail Scientific Inc., following the filing of a Certificate of Amendment.